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3 years ago

What is employment equity act?

Business

1 answer:

Darya [45]3 years ago

3 0

Answer:

Employment equity, as defined in federal Canadian law by the Employment Equity Act, requires federal jurisdiction employers to engage in proactive employment practices to increase the representation of four designated groups: women, people with disabilities, Aboriginal peoples, and visible minorities.

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Machinery purchased for $69,000 by Vaughn Co. in 2016 was originally estimated to have a life of 8 years with a salvage value of

Sliva [168]

Answer:

Prepare the entry to correct the prior years' depreciation, if necessary.

any change in depreciation expense must be done for future events, past events cannot be adjusted

Depreciation expense 2021:

carrying value December 2020 = $69,000 - {[($69,000 - $4,600) / 8] x 5} = $69,000 - $40,250 = $28,750

depreciation expense per year (including 2021) = ($28,750 - $5,175) / 5 = $4,715

3 0

3 years ago

a friend wants to borrow money from you. He states that he will pay you $3000 every 6 months for 12 years with the first payment

patriot [66]

Answer:

$45,111.41

Explanation:

For calculation of value of the payments today first we need to find out the value at 3 years which is shown below:-

Value at 3 years = PMT × (1 - (1 ÷ (1 + r^n))) ÷ r

= $3,000 × (1 - (1 ÷ (1.0265 ^24))) ÷ 0.0265

= $52,776.45

Now, The value of the payment today = Value at 3 year ÷ (1 + r^n)

= $52,776.45 ÷ (1.0265^6)

= $45,111.41

Therefore we have applied the above formula.

4 0

4 years ago

A firm that has recently experienced an enormous growth rate is seeking to lease a small plant in Memphis, TN; Biloxi, MS; or Bi

Irina-Kira [14]

Answer:

Expected annual volume = 18400 units

For Memphis:

Annual cost for building ,equipment and administration = $42800

Annual labor and material cost =Annual volume x cost per unit = 18400 x $8 = $147200

Annual transportation cost = $50000

So,Total cost = $42800 + $147200 + $ 50000 = $240000

For Biloxi:

Annual cost for building ,equipment and administration = $60000

Annual labor and material cost =Annual volume x cost per unit = 18400 x $4 = $73600

Annual transportation cost = $60000

So,Total cost = $60000 + $73600 + $ 60000 = $193600

For Birmingham:

Annual cost for building ,equipment and administration = $100000

Annual labor and material cost =Annual volume x cost per unit = 18400 x $5 = 92000

Annual transportation cost = $27600

So,Total cost = $100000 + $92000 + $27600 = $219600

Explanation:

4 0

3 years ago

What term refers to the methods involved in processing information, applying knowledge, forming perceptions, and making decision

kirill115 [55]

The answer is letter C.

Cognition refers to the methods involved in processing information, applying knowledge, forming perceptions, and making decisions. It is an important trait that separates the human brain from other organisms, because we are able to perceive and make decisions based on our senses and our previous experiences.

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3 years ago

Read 2 more answers

g There are three types of people in the town of Santa Barbara: 13 type A, 25 type B, and 32 type C. Everyone in the town loves

rusak2 [61]

Answer:

23.5 acres

Explanation:

Pareto Efficient garden area:

Marginal Cost = Marginal Benefit

13G = (13*3)+(25*3)+(32*6)

13G = 306

G = $\frac{306}{13}$

G = 23.5

7 0

3 years ago

What is employment equity act?​

What is employment equity act?